Kissimmee VA Loans

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A Kissimmee VA home mortgage loan is a mortgage loan provided by private lenders that are backed by the VA department so that the process of getting a mortgage can become easier for veterans. The actual money is lent by the mortgage lender themselves but the guarantees from the VA help them in identifying reliable clients among the veterans.

Who is Qualified for a Kissimmee Florida VA Home Mortgage?

There are four kinds of people who can apply for Kissimmee VA home loans. These are:

• Veterans who have served with the U.S. military.
• Military men which are currently active on duty.
• Reservists or members of the National Guard.
• Spouses of certain deceased veterans.

Qualifying Requirements for Kissimmee VA Home Loans

Not all veteran qualifies for a VA mortgage. In order to be eligible, veterans require:

• Sufficient and consistent credit background.
• A stable means of income.
• A valid Certificate of Eligibility (COE).

The VA-guaranteed mortgage in Kissimmee is offered only when the house is for individual use of the client. However, the funds can be used to purchase the property, build it or to make improvements in it, as per the requirements of the client.

Requesting a COE for Kissimmee VA Home Loans

For the obtainment of a COE, service men and women of the armed forces and veterans need to have fulfilled specific time amounts of honorable service. On the contrary, the eligibility criteria for the significant others of veterans to get a home mortgage loan is slightly different. It includes:

• Spouses of deceased veterans who have not remarried.
• Spouses of veterans who have gone MIA or are POWs.
• Spouses who have remarried after reaching the age of 57.
• Spouses of those veterans who are still alive but have been disabled during service.

If you think you might be eligible for a Kissimmee Florida VA home loancontact First Nationwide Lending at (877) 442-4023 for more information today!

 

Contact Us

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1990 Main Street, Suite 750
Sarasota, FL 34236
Phone: (941) 256-3729
Toll Free: (877) 442-4023

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